Musk plans to do exactly what you think the guy behind Tesla, SpaceX and the Hyperloop would do with it: He’s going to convert it into the real thing. He plans to outfit the car — for which he paid $920,167 — with some Tesla innovations, submarine technology and whatever else he needs to make it into a fully functional submersible automobile.

“It was amazing as a little kid in South Africa to watch James Bond in ‘The Spy Who Loved Me’ drive his Lotus Esprit off a pier, press a button and have it transform into a submarine underwater,” Musk said in a message emailed to AllThingsD. “I was disappointed to learn that it can’t actually transform. What I’m going to do is upgrade it with a Tesla electric powertrain and try to make it transform for real.”

Just how, exactly, Musk plans to do that isn’t clear. A spokeswoman for Tesla declined further comment on the project.

Below, 007’s Wet Nellie in action. And below that Musk’s appearance at D11, which is well worth a watch if you haven’t already seen it.

Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work

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